<h1>Currency depreciation driven by persistent foreign outflows and rising oil prices, heightening reserve pressure and inflation risks.</h1> Rupee depreciation accelerated due to persistent foreign portfolio outflows and surging crude oil prices, intensifying exchange rate pressure and inflationary risk. Geopolitical tensions disrupting energy supplies were cited as a key driver, while heavy foreign equity selling and a notable decline in foreign exchange reserves reinforced market stress and reserve management challenges for monetary authorities.